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Business and Economic News

S&P 500 slides into 'correction' for second time this year

S&P 500 slides into 'correction' for second time this year

U.S. stocks closed lower after a shortened session Friday, bumping the benchmark S&P 500 index into a correction, or drop of 10 percent below its most recent all-time high in September.
by Associated Press

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The U.K economy is growing — but its energy use is shrinking

The U.K economy is growing — but its energy use is shrinking

The United Kingdom's total energy use has dropped 10 percent since 2002, unlike other EU countries. It's a quiet victory in the fight against climate change. It's also a bit mysterious.
by Camila Domonoske

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DNR signs deal to transform Fort Snelling buildings into homes

DNR signs deal to transform Fort Snelling buildings into homes

It was once the military capital of the Dakotas, and George Armstrong Custer's superior officer commanded there for a time. It served the armed forces from the Spanish American War until after the dropping of the atomic bomb.
by Tim Nelson

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Minn. farmers have most to lose if conservation cut from farm bill

Minn. farmers have most to lose if conservation cut from farm bill

House and Senate negotiators are trying to work out a deal on the farm bill before the end of the year, but one key difference between the House and Senate versions of the bill is the fate of the Conservation Stewardship Program, which gives farmers credit for maintaining practices that reduce soil erosion and improve water quality.
by Elizabeth Dunbar

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Gobble, gobble? U.S. turkey production growth slowed in last decade

Gobble, gobble? U.S. turkey production growth slowed in last decade

After decades of booming growth, demand for turkeys began to flatline in 2008. While a number of factors are at play, it could also be that Americans are changing the way they celebrate Thanksgiving.
by Sean McMinn

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Find a home for the homeless? It's no easy task in Minnesota

Find a home for the homeless? It's no easy task in Minnesota

Finding a Twin Cities landlord willing to work with someone who's homeless is a huge challenge, even when a tenant has the rent money, and even when the would-be tenant is a woman carrying a newborn.
by Max Nesterak

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Dow falls 950 points, or 4 percent, in 2 days

Dow falls 950 points, or 4 percent, in 2 days

There was a bloodbath in tech stocks. Companies like Apple depend on foreign markets and there are signs trade tensions are slowing growth in Europe and China. Apple and Facebook stocks have fallen.
by Jim Zarroli

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